High volatility is expected tomorrow, Friday, at 8:30 am EST for Core PCE and GDP data, followed by PMIs at 9:45 am EST. Today, Thursday, monitor Fed speakers Bostic and Bowman alongside jobless claims at 8:30 am EST. Traders should hedge positions before Friday’s inflation print. Watch for reversals after the 9:45 am EST PMI release to capitalize on shifting sentiment.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.